A six-second clip on Chinese state television has provided a rare glimpse into purported cyber hacking attacks launched by the country's military, despite long-standing official denials that the government engages in such activity.

The White House's chief information officer is working to shrink the federal government's budget for information technology using cloud computing. His vision is being met with caution by at least a few of the technology chiefs at the federal agencies that are carrying it out, the New York Times reports.

Most of the pundits had expected a relief rally in stocks following a resolution to the debt ceiling crisis. That did not happen. So what gives? Why is the market behaving so poorly despite the hard-fought compromise by lawmakers?

Cutting military spending, as President Obama has proposed, is the worst way to balance the budget while keeping the country growing, investors and analysts said, because the sector is the best creator of domestic jobs and crucial to driving innovation.

Most people know to ignore the e-mail overture from a Nigerian prince offering riches in exchange for a bank account number, the New York Times reports. But what if the e-mail appears to come from a colleague down the hall?

Authorities in the United States are investigating a Google claim that hackers in China stole email details of senior U.S. government officials—an issue that illustrates the problem of attribution in cyberspace, the coordinator for cyber issues at the U.S. State Department said Thursday.